Ticker

Report: €48bn hidden from Belgium taxman in Luxembourg

Dozens of Belgian companies and individuals, including 60 of the country's 100 richest people, and former prime minister Yves Leterme, have created shell companies in Luxembourg to benefit from loose tax rules and hide some €48bn from the Belgian state, an investigation by Belgium's Le Soir has found.

Opinion

Sometimes in chess, a sacrifice brings victory. Theresa May should pay heed to the example of Slovakia's premier, Iveta Radicova, who sacrificed her job in order to get difficult euro bailout legislation through the Bratislava parliament.

The EU commission is giving more time to the Swiss government to endorse a deal that would put various sectorial agreements to access the single market under one deal. Nevertheless, after Brexit, the EU has had enough of exceptions.